Representatives across the Philippine crypto sector welcome proposed Bangko Sentral ng Pilipinas controls on VASPs, calling for enhanced user literacy alongside regulatory rules. PRESS RELEASE Philippine crypto community welcomes tighter BSP rules, calls for industry-wide literacy Philippines — The Philippine crypto trading community has welcomed the Bangko Sentral ng Pilipinas’ (BSP) proposed freeze on new […]
With 55.4% of at-risk transactions tied to push payment scams and account takeovers, industry experts urge banks to adopt multi-layered AI defenses. PRESS RELEASE PH economy risks losing PHP 603B yearly to digital fraud without stronger safeguards – report The report calls for layered, AFASA-anchored defenses as deepfakes and mule account networks scale across the […]
Instant settlements are finally here. Learn how BCRemit’s partnership with Circle and the launch of QR-payments with Coins.ph are making the 3-to-5-day bank delay a thing of the past. PRESS RELEASE PH-owned fintech firm BCRemit expands global footprint to 23 countries, outlines roadmap to scale local innovation beyond Filipino market Manila, Philippines — Building on its success […]
It wasn’t just Christmas spirit. Analysts point to a “pent-up demand” caused by the Peso hitting record lows and the looming 1% US remittance tax that took effect on January 1, 2026. Discover how migrant workers protected their hard-earned dollars through strategic timing. The Perfect Storm: Seasonal Bonuses, Exchange Rates, and Tax Deadlines The December […]
Large cash withdrawals aren’t banned, they’re just getting smarter. Learn how BSP Circular No. 1218 balances anti-money laundering security with customer convenience by focusing on a depositor’s “normal business activity” and risk profile. BSP Refines Rules for Large-Value Cash Withdrawals In an effort to tighten the net on money laundering without strangling legitimate commerce, the […]
Talking about money doesn’t have to be intimidating. Join the “King of Talk” Boy Abunda in PDAX’s newest series, “Tara, Bonding Tayo!”, where financial goals meet real-life stories. Discover how Sam YG and Dianne Medina navigate wealth, bonds, and family security in 2026. Boy Abunda Hosts PDAX Conversation Series on Money, Investing, and Financial Goals […]
Banks in the Philippines are seeing a reduction in non-performing loans. Find out the key factors driving this positive trend and how it impacts your finances. Philippine Banks’ Non-Performing Loans Eased in June 2025: A Positive Economic Indicator The latest data from the Bangko Sentral ng Pilipinas (BSP) reveals a promising trend in the Philippine […]
While the 20% tax on interest income has been misunderstood, this breakdown will clarify its impact on your finances and how it benefits the country’s national programs. 20% Tax on Interest Earnings in Place Since 1998 – Palace Clarifies MANILA, Philippines – The Philippine government has assured the public that there is no cause for […]
The BSP is using AI and tech to reshape our economy. Discover what it means for your business, your career, and the future of Philippine finance. Taking the Fork in the Road: How the BSP is Pioneering a Tech-Driven Future for Philippine Finance “When you come to a fork in the road, take it.” This […]
Stay informed about the BSP’s updated projections for the Philippine economy, including the latest on the current account deficit and services export growth. BSP Revises BOP Projections for 2025, 2026 Amid Global Uncertainty 🌍💰 The Bangko Sentral ng Pilipinas (BSP) has revised its balance of payments (BOP) projections for the years 2025 and 2026, factoring […]
